Our figure of the month 08/2019: The dominance in trade
Number and volume of 1000 largest trade flows in 2016
The figure shows the trade volume and the number of bilateral trade flows of the 10 largest exporting countries of the 1000 largest trade relations for 2016. In total, the 1000 largest trade flows cover 46% of total world trade. 65% of the 1000 largest trade flows – and thus almost one third of total world trade – are again determined by ten countries.
China dominates export trade both in terms of the number of trade relations and in terms of trade volume: the 162 export relations of the top 1000 trade flows correspond to 20% of the corresponding trade volume. Germany follows in terms of the number of export relationships, but not in terms of trade volume. The United States has a slightly lower number of export relationships, but a higher trade volume.
The graph illustrates that the largest 1000 export flows are dominated by three countries alone: China, Germany and the USA. 45% of the trade volume and 42% of the trade flows of the 1000 trade relations are concentrated in these three economies. Japan follows by far with a significantly lower number of trade relations and a lower trade volume.
Other figures can be found here.